Charles Boamah, Senior Vice-President of the African Development Bank, to deliver remarks on private sector engagement to accelerate Africa’s investment opportunities
WASHINGTON, D.C. – April 4, 2018 – The Initiative for Global Development (IGD) will officially launch its inaugural Africa Investment Rising Roadshow Tour with a Special Reception on Wednesday, April 18 from 6:00-7:30PM at the Senate Dirksen Building on Capitol Hill in Washington, D.C.
Charles Boamah, Senior Vice-President of the African Development Bank, will announce the Bank’s partnership with IGD on the Africa Investment Forum (AIF), which will take place in early-November in Johannesburg, South Africa. The AIF is an initiative championed by the Bank to actively engage the private sector and to facilitate projects that have the capacity of transforming the continent. Boamah is leading a delegation of Senior Bank Management to the Spring World Bank/IMF Meetings.
Boamah will offer remarks on the U.S. private sector’s role in accelerating Africa’s investment opportunities at the Capitol Hill reception.
The U.S. roadshow tour, “Africa Investment Rising: Building Momentum for Investing in Africa’s Economic Prosperity”, taking place from April 18-May 1, is aimed at re-shaping perceptions on doing business in Africa by bringing trade and investment opportunities to U.S. companies and forging stronger connections between U.S. and African business leaders in key growth sectors.
Launching in Washington, D.C., the roadshow tour will travel to New York Cityto highlight banking, financing, and investment opportunities; Des Moines, IAfor agriculture and agro-industry; and Houston, TX for energy and power.
The full roadshow tour will ultimately culminate in Johannesburg, South Africa, where roadshow attendees are invited to attend the IGD Frontier 100 Forum on Nov. 5-6, followed by the African Development Bank’s Africa Investment Forum (AIF) from Nov. 7-9, in Johannesburg, South Africa. The AIF is designed to enhance private-sector cooperation and drive investment in sectors of strategic interest within Africa.
“IGD is pleased to build on our partnership with the African Development Bank through the U.S. Roadshow Tour to accelerate Africa’s investment opportunities and help attract private capital to the continent,” said Dr. Mima S. Nedelcovych.
“By bringing U.S. investors to the Bank’s investment forum, they will learn firsthand about bankable projects and will have the opportunities to broker deals that will deliver economic transformation in Africa,” said Nedelcovych.
The African Development Bank (AfDB) Group and USAID’s East Africa and Southern Africa Trade and Investment Hubs are Sponsors of the U.S. Roadshow Tour.
Platinum sponsors as Chevron, Norton, Rose and Fulbright LLP, Iowa State University Research Park, AGCO; Lilium Capital, and Orrick; Gold sponsors, Sasol, Corteva Agriscience, Endeavor Energy, and AllAfrica.com as Gold sponsors; and World Food Prize Foundation and Millennium Challenge Corporation as Silver sponsors.
Organizational Partners are PAN Diaspora Capital Management, Harris Africa Partners/Grant T. Harris, The Serendra Group LLC/Robert van Zwieten, U.S. Bilateral African Chamber of Commerce, Global Farmer Network, U.S. Small Business Administration, and Invest Africa.
Media partners are Africa Investor, Africa.com, Africa Business magazine, Afropop Worldwide, AlloAfricaNews.com, AllAfrica.com, Asoko Insight, Face2Face Africa, innov8tiv.com, Pan-African Visions, and VoxAfrica.
The Initiative for Global Development (IGD) is a Washington, DC-based network of African and global business leaders who are committed to advancing sustainable development and inclusive growth in Africa through business investment. IGD brings together CEOs and senior executives from leading African and global companies through our Frontier Leader Network to catalyze greater business investment and impact on the African continent.